Archive for January, 2010
January 31, 2010 by | No Comments
DB Realty Limited (DBRL) is a real estate development company focusing on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment in and around Mumbai. Today, the Group is one of India’s top Real Estate developers, with presence in Commercial, Residential, Hospitality, Retail, IT Parks and Gated communities. Its existing product [...]
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January 31, 2010 by | No Comments
Third Quarter Monetary Policy Review RBI clarifies that its stance has shifted from ‘ managing the crisis’ to ‘managing the recovery’. Thus, the need to carry forward the process of ‘exit’ further. RBI raises the CRR of schedule commercial banks by 75 bps from 5.0% to 5.75% of their net demand and time liabilities in [...]
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January 29, 2010 by | No Comments
Nifty opened in green with support from positive global cues. However, it traded quite volatile in today’s session, as it broke yesterday’s low of 4833 but bounced back. The index has given a positive daily close after six days of consecutive lower lows, signaling that there is probability of a pullback in wave iv up [...]
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January 29, 2010 by | 1 Comment
DB Realty Ltd (DBRL) jointly promoted by Dynamix & Balwas group in 2007, is a Mumbai focused real estate company with a collective experience of developing 15.9 mn sq. ft of realty projects V M Goenka controlled Dynamix group has also diversified into businesses such as telecom (Etisalat DB Telecom) food processing & construction material. [...]
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January 28, 2010 by | No Comments
Issue Opens on: Monday, January 25, 2010 Issue Closes on: Tuesday, February 02, 2010 Price Band: Rs.200/- to Rs.225/- per equity share Bid Lot: 25 Equity Shares and in multiples thereof Listing on: BSE, NSE Lead Managers: Centrum Capital Limited, Saffron Capital Advisors Private Limited Registrar: Link Intime India Pvt. Ltd.
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January 28, 2010 by | No Comments
Nifty continued to slide, breaking the crucial support of 4945 today. The next support is at 4800, the low of the hammer candlestick pattern, while the initial resistance is at 5045 and then at 5086. The momentum indicators on daily and weekly basis are in sell mode along with increase in volumes—clearly indicates that the [...]
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January 26, 2010 by | No Comments
Nifty has closed in red for the fifth repeated day now with stocks just sliding on their way down. The selling pressure continued on every rise, indicating that the trend has reversed and bears have an upper hand. The volumes that were missing at higher levels have returned with the index going down, confirming the [...]
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January 24, 2010 by | No Comments
On Last Trading Session Nifty has finally breaks the major trend line support, where it had stopped yesterday after breaking out from wedge pattern. It took support at the low from where it started its final rally, which is also the close of the previous hammer candlestick pattern. Hence, 4943 was a crucial support which [...]
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January 21, 2010 by | No Comments
The index broke below the wedge on the lower side, pointing clearly that the rally has ended as the ending diagonal pattern is a bearish pattern and signals a correction. Nifty and Sensex have closed exactly at the up trend line of the overall rise from March and closing below it would accelerate selling. Sensex [...]
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January 20, 2010 by | No Comments
Nifty is moving lower towards the end of Levels 5180-5280 range and below 5180, the swing low of 5160 is crucial. if Nifty closes below 5160, the downward momentum will gain strength towards the short-term target of 5000. On the upside, the index has to move above 5280 to reverse the downtrend. The earlier resistance [...]
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